Canada has released draft regulations to enforce the Online News Act, compelling tech titans like Google and Meta’s Facebook to fund news outlets.
Despite efforts to address concerns about limitless liability, Facebook stands firm on its decision to block news content in Canada.
The law, set to launch in December, arose from the media industry’s grievances, seeking stricter regulation of tech giants in the online advertising sphere.
Google is reviewing the proposed regulations, while Meta’s blockade has hardly affected Canadian Facebook usage. Firms must negotiate deals and allocate a portion of global revenues, potentially generating millions yearly.
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